Feb. 17 at 7:55 PM
$OXLC You know how the pundits say the Mag7 just moves the same huge quantities of dollars between each other in the AI world?
Well,
$ECC and
$HERZ are both fairly large institutional investors in the Ox. I didn’t see
$OCCI listed, although they came out with a difficult to understand ATM SEC form on Friday. It read like there was a fresh
$200 million ATM, except
$153 million had already been sold.
Anyway, ECC is down more than the Ox, because of the sneaky way they announced their divvy reduction, which apparently everyone figured out, while HERZ isn’t down that much at all, at least not today.
Just seems weird that these companies in the same business own parts of each other.
